Ludhiana: Relief for employers, especially those from Ludhiana, the State Cabinet on Thursday gave approval for one-time (OTS) schemes for freezing small industries and export of Corporation (PSEC), Punjab Infotech and industrial plantation plot-holders.
In addition, the cabinet also provides motor vehicle tax exemptions for the stage train bus (big bus and mini) and contract trains with vehicles less than 16 seats.
Employers are optimistic about the announcement.
Vinod Thapar, Chairman of the Knitwear Club, said, “We thank the state government because we receive our requests to bring OTS for the cement department and others.
Under the OTS for Pseic, the winner who has been discarded has been given the opportunity to remove their old contributions after utilizing component of 100% and 25% sentence from normal interest maturity or maximum until the current plot reserve price (after adjusting the amount paid), as can be chosen by the plot holder.
The deadline for utilizing the benefits below this OTS has been repaired for 31 March, which is fair enough.
“Harish Kairpal, President of the Association of Ludhiana MSMe, said,” Industrialists Ludhiana will get the maximum benefit from the OTS scheme approved by the cabinet because most disputes with this department come from here.
OTS for industry plantations will apply to all Plots and warehouses on industrial plantations, including combativeness of commerts Damn Like Shop-Cum-Flats (SCF) made by the Industrial and Trade Department.
OTS launch will end the old dispute decades.
“Balwinder Singh, a member of the Bachao Morcha business executive, said,” We thank the state government to provide motor vehicle tax exemptions to the train bus and less than 16 seats.
Carriage vehicle contract.
This will provide great assistance to transport entrepreneurs and also for those who teach their own staff.
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